Elite Growth Life Sciences
Elite Growth Life Sciences partners with leading innovative life science companies for the development of their drugs or medical technologies. Our unique investment structure provides our partners with equity capital to finance their development and clinical work while minimizing dilution to their shareholders.
Each investment is custom tailored to our partner’s specific needs.
We expect this sector to be a key area of focus for investments for the Elite Growth Group in the years to come.
Cardio RX Ventures Canada
Acquired in December 2011, Cardio RX Ventures Canada owns the exclusive rights to market the CardiaPill in the United States of America, Canada, Australia, New Zealand, South Africa, and Israel. CardiaPill is a late stage cardiovascular drug currently being developed by CardioPharma. Through a service agreement with CardioPharma, Cardio RX has undertaken to fund most of the final development costs of the CardiaPill and registration costs of the drug in the jurisdictions in which it holds its licenses.
CardiaPill, which combines three FDA-approved cardiovascular drugs, is being designed to optimize the observed synergistic clinical benefits for patients with cardiovascular disease when all three drugs are taken simultaneously. Comprised of a “statin” or cholesterol lowering agent, an ACE or antihypertensive agent, and ASA an antiplatelet drug, CardiaPill is targeting a $20+ billion dollar market.
CardioPharma Inc. (www.cardio-pharma.com), is a specialty pharmaceutical company focused on combinatorial cardiovascular products..
Elite Growth Technology
Elite Growth’s technology group backs entrepreneurs, developers, and management teams with innovative technologies and business models delivering explosive growth. We believe that outstanding technology entrepreneurs need better tools to succeed on a global scale. Further, this is an exciting time to be a technology investor, with a market opportunity in this current generation of tech companies that dwarfs that of previous ones. Elite Growth can deliver global connections, provide guidance on product/market fit, and deliver sophisticated structures to high-growth ventures.
Portfolio companies include:
Reforus is a revolutionary green polymer technology company with multiple product applications across a wide-variety of industry sectors. Reforus products are non-toxic, recyclable, organic and offer superior end-user performance. Applications include marine & aviation coatings, automotive molded parts, wood coatings, industrial sealants, and more. Reforus intends to disrupt these multi-billion dollar industries by displacing an extensive range of toxic & performance inferior chemical based products. www.reforus.com
The Life Sciences Lead Team
Theodore Verco (Head of Life sciences & Tech Department)